@Scienceisnotopinions @hannu_ikonen
I remember at the start of the pandemic when hospitals had no PPE. Why no PPE? Because if suppliers give the hospitals credit, they run up tabs and never pay them. Says everything about the people that run hospitals.
@reinhilde
Yeah. The narrative was that they had shredded their relationships with the PPE sellers so thoroughly that the industry practice was to buy the PPE they needed for the week in cash. All kinds of red flags right there. Makes me wonder how frequently cash purchases are made by administration.
@reinhilde
With so much written in PPE from 2020, it's difficult to find the source. I found this LinkedIn post from April of 2020 that alludes to the practice, though.
Frontline health workers battling COVID-19 are desperate for PPE — personal protective equipment — like masks, gowns, and gloves, which they need to protect themselves from infection and reduce the chance of spreading the virus as they care for patients. There is a notion that the problem is about s
@noyes @Scienceisnotopinions … investors 🤣
they really think they can solve everything
@reinhilde
Here's another that mentions a just-in-time pre-pandemic supply chain with many factories demanding payment in full before beginning production. It discusses the difficulties of securing credit in the PPE market, with risk focused sharply on distributors. If I remember correctly, there was a bankruptcy crisis--may still be--in the hospital system prior to the pandemic. Cash payments aren't mentioned directly, but are implied.
https://www.hklaw.com/en/insights/publications/2020/04/legal-insights-on-the-import-of-ppe-and-other-medical-supplies
@Scienceisnotopinions